What is the inevitability of the rise in the RMB exchange rate Good points have additional points

In my opinion, "endogenous factors" are the leading force behind the acceleration of RMB appreciation.

On the whole, there are three main endogenous factors that have dominated the rapid appreciation of the renminbi since the beginning of this year.

First of all, the good fundamentals of our economy provide the greatest support.

Second, the rapid appreciation of the renminbi will help solve the problem of balancing the foreign trade surplus and curbing the rapid growth of foreign exchange reserves.

Third, the expectation of reform of the exchange rate system has accelerated the rate of appreciation to a certain extent.

The Americans force us every day, and there is no way to do it if we don't rise, so why do we have to do it, reducing the competitiveness of our export products can promote their employment, thereby eating up our export market and raising the unemployment rate. In addition, a large amount of international hot money is also gambling on appreciation, so as to make a big profit (in terms of financial real estate), and then it will be withdrawn, leaving a bubble. As a result, RMB appreciation can do more harm than good.

Upstairs: Is our economy really growing so fast? It's the price of goods that is fast.

Out of pressure from the United States.

The U.S. economy is about to recover, and the appreciation of the renminbi has hit China's export industry hard.

I believe that it was the US imperialists who brazenly launched the Iraq War in order to plunder strategic oil resources, resulting in huge military expenditures and serious fiscal deficits, and the US forced the renminbi to appreciate in order to pass on its losses and fish in troubled waters, and the renminbi only appreciated relative rather than really appreciated. Against aggression, against war! Get out of Iraq for the United States!

With the development of society, our life is getting better and better, and now the RMB exchange rate.

What is the main reason for the record highs? On the one hand, there is the dollar index.

The decline, on the other hand, is also because our economy is getting better and better, in addition, it is also related to maintaining a surplus in the balance of payments, so I will explain it to you in detail next. <>

1. The U.S. dollar index fell, leading to the appreciation of the RMB exchange rate.

Since the outbreak began, many countries have been affected. Fed.

It has adopted a large-scale easing policy, which has previously expanded the balance sheet, and now it continues to expand, so inflation in the United States.

Expectations have warmed up, leading to a decrease in the credit of the United States, so the purchasing power of the dollar will naturally fall, and this inflation will also flow into the rest of the world, so the renminbi exchange rate will appreciate. <>

2. Our economic development is getting better and better, so the RMB exchange rate is appreciating.

According to experts, a big country will eventually become a big country in the financial industry, this is because when carrying out the first country, there will be a variety of transactions, and at this time the exchange rate will be involved, and the currency of the big country will naturally account for a high proportion, so the exchange rate of the RMB will also appreciate, and now under the epidemic, the world environment is changeable, but our epidemic prevention and control.

The effect is very good, our economy has also maintained a steady recovery, which has also laid a good foundation for the appreciation of our RMB exchange rate, in addition, China's balance of payments to maintain a surplus is also a part of the appreciation of the RMB exchange rate. <>

All in all, the reason why the RMB exchange rate has repeatedly hit new highs is that on the one hand, the dollar index has fallen, and the Fed has adopted an accommodative policy.

In addition, our economic development is getting better and better, and the development is getting better and better, and the RMB is naturally becoming more and more important, so the RMB exchange rate will appreciate, of course, our ** surplus.

It is also one of the reasons for the appreciation of the RMB exchange rate.

The main reason is that the coin index of the United States has fallen, and then many liquid or letter countries have been affected by the epidemic trouble, and the United States has adopted a loose policy, which has led to local inflation, so the RMB exchange rate has appreciated.

The reason is mainly due to the US dollar index**, which is caused by the new crown epidemic, and there have been fluctuations in many aspects, which is why Qin Shuchen has caused the exchange rate of the Chinese currency to hit a new high.

Because China's economic level has improved, and this is also related to market regulation, and the economic level of the United States has dropped from the whole spike to the ball, so it has led to the occurrence of Huai things.

It's just that foreign exchange reserves are high again.

The renminbi has continued to appreciate by 5% in recent months, and if the renminbi continues to appreciate, what will be the knock-on effect on individuals, businesses, the economy and society? Historically, capital harvesting due to sharp fluctuations in exchange rates has been common.

The impact is [reduced].

1.Exports decrease Imports increase ,2The cost of foreign investment has increased.

3.This eventually led to a decline in domestic production and an increase in unemployment.

1.Exports increased and imports decreased.

2.The cost of foreign investment has been reduced.

3.Enhancing the international competitiveness of domestic products is conducive to domestic enterprises [going global]4Consumption in the country is relatively cheap. Foreign tourism has increased.

Answer] :d the appreciation of the RMB exchange rate indicates that the RMB appreciates, which is conducive to imports and not to exports.

Summary. Today's Canadian Dollar vs Chinese Yuan exchange rate table.

Current exchange rate. CAD 100

RMB tips: 100 Canadian dollars to Chinese yuan.

The exchange rate of the renminbi against the Canadian dollar is currently rising or falling.

The exchange rate of the renminbi against the Canadian dollar is currently declining.

When will the exchange rate of the renminbi against the Canadian dollar rise? Thank you!

The renminbi is expected to rise in mid-October.

Best time to exchange Chinese Yuan to Canadian Dollar in 2021?

Best time to exchange Chinese Yuan to Canadian Dollar in 2021?

Best time to exchange Chinese Yuan to Canadian Dollar in 2021?

Today's Canadian Chunling Nationality Dollar to RMB Exchange Rate Table Current Exchange Rate Canadian Dollar 100 RMB: Pickpocketing 100 Canadian Dollar Convertor Wang Yan Min Currency. !

The exchange rate is also known as "copy."

foreign exchange market or exchange rate". The ratio of one country's currency bai to another country's DU currency is the ** of another DAO currency expressed in one currency. Since the names of the currencies of various countries in the world are different and the value of the currency is different, the currency of one country should stipulate an exchange rate for the currency of other countries, that is, the exchange rate.

In layman's terms, the exchange rate is the exchange rate of how much foreign currency can be exchanged for one yuan, such as the exchange ratio of the US dollar.

The rise in the foreign exchange rate means that foreign currency is more valuable, and less foreign currency can be exchanged for more yuan, which is beneficial to China's exports, because Chinese things are cheaper to sell in foreign countries, but not conducive to imports, because foreign things are more expensive in China's eyes.

The rise in the exchange rate of the renminbi means that China's renminbi is more valuable. It is good for imports, and foreign things will be sold more, but it is not good for China's exports, because Chinese things will increase in price in the eyes of foreigners.

Therefore, now China controls the exchange rate of the renminbi to prevent China's balance of payments from being unbalanced, after all, many of the things that China exports are cheap and profitable, and if it appreciates again, then the competitiveness will be small.

The exchange rate is the recovery of the two countries.

The ratio system for the exchange between currencies can also be understood as the relative value of two Du currencies. The international currency is the US dollar, so the exchange rate of the RMB is the exchange rate of the US dollar against the RMB by default, and the RMB exchange rate rises, such as from rising to, it means that the RMB has depreciated, which means that more RMB is needed to exchange for 1 US dollar. GBPUSD, AUDUSD, EURGBP, USDCAD, etc., are collectively referred to as foreign exchange rates, and have no substantial relationship with the RMB exchange rate.